Monthly Rent Report
ZIP 60048 Rent Report — March 2024
Asking rents in ZIP 60048, Chicago, from 5 listings.
Median 1BR rent in ZIP 60048 was $1,845 in March 2024, up 7.0% (+$120) from February 2024. The middle half of 1BR listings asked between $1,845 and $2,090. That puts ZIP 60048 $341 above the Chicago citywide 1BR median of $1,505. The month's figures are based on 5 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,845 | +$120 (+7.0%) | — | $1,845 – $2,090 | 3 |
| 3BR | $2,035 | −$1,815 (-47.1%) | — | $2,035 – $2,035 | 1 |
| 4BR | $2,990 | — | — | $2,990 – $2,990 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
ZIP 60048 vs. Chicago — March 2024
| Bedrooms | ZIP 60048 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,845 | $1,505 | +$341 (+22.6%) |
| 3BR | $2,035 | $2,250 | −$215 (-9.6%) |
| 4BR | $2,990 | $2,650 | +$340 (+12.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2024.